<div id="readability-page-1"><p>Shares of Fortuna Mining Corp. (NYSE:FSM - Get Free Report) <span>TSE: FVI<span></span></span> reached a new 52-week high on Friday . The stock traded as high as $10.38 and last traded at $10.1250, with a volume of 550794 shares traded. The stock had previously closed at $10.12.</p><div><p><span></span><span>Get <strong>Fortuna Mining</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><ul><li>Did You Miss the Gold Rush? Try These 2 Silver Stocks</li></ul><p>Several equities research analysts have issued reports on FSM shares. National Bankshares upgraded shares of Fortuna Mining from a &#34;sector perform&#34; rating to an &#34;outperform&#34; rating in a research note on Monday, November 24th. Weiss Ratings  reiterated a &#34;buy (b)&#34; rating on shares of Fortuna Mining in a research note on Monday. Scotiabank raised Fortuna Mining from a &#34;sector perform&#34; rating to an &#34;outperform&#34; rating and boosted their target price for the stock from $10.50 to $11.00 in a report on Monday, November 24th. Finally, Wall Street Zen raised shares of Fortuna Mining from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating, two have assigned  a Hold rating and one  has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $9.50.</p><p><b>View Our Latest Report on Fortuna Mining</b></p><h2>Fortuna Mining Stock Up 0.5%</h2><ul><li>Is silver more precious in 2024 as gold loses luster?</li></ul><p>The company's fifty day moving average is $8.94 and its 200-day moving average is $7.95. The company has a quick ratio of 2.73, a current ratio of 3.30 and a debt-to-equity ratio of 0.11. The company has a market cap of $3.12 billion, a PE ratio of 14.13 and a beta of 0.95. </p><p>Fortuna Mining (NYSE:FSM - Get Free Report) <span>TSE: FVI<span></span></span> last released its earnings results on Wednesday, November 5th. The basic materials company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.08). Fortuna Mining had a return on equity of 12.42% and a net margin of 21.48%.The business had revenue of $246.75 million for the quarter, compared to the consensus estimate of $242.19 million.  On average, analysts predict that  Fortuna Mining Corp. will post 0.51 EPS for the current year. </p><h2>Institutional Trading of Fortuna Mining</h2><p>A number of institutional investors have recently added to or reduced their stakes in FSM. Swiss Life Asset Management Ltd bought a new stake in shares of  Fortuna Mining in the third quarter valued at approximately $126,000.  Advisory Services Network LLC purchased a new position in shares of  Fortuna Mining during the 3rd quarter valued at about $27,000.  NewEdge Advisors LLC increased its position in shares of  Fortuna Mining by 2.1% in the third quarter. NewEdge Advisors LLC now owns 198,815 shares of the basic materials company's stock valued at $1,781,000 after acquiring an additional 4,100 shares during the period.  PharVision Advisers LLC purchased a new position in  Fortuna Mining during the third quarter valued at $227,000.  Finally, XTX Topco Ltd lifted its position in  Fortuna Mining by 75.8% in the 3rd quarter. XTX Topco Ltd now owns 145,707 shares of the basic materials company's stock valued at $1,306,000 after acquiring an additional 62,818 shares in the last quarter. 33.80% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Fortuna Mining</h2> (Get Free Report)<p>Fortuna Mining Corp. engages in the precious and base metal mining in Argentina, Burkina Faso, Mexico, Peru, and Côte d'Ivoire. It operates through Mansfield, Sanu, Sango, Cuzcatlan, Bateas, and Corporate segments. The company primarily explores for silver, lead, zinc, and gold. Its flagship project is the Séguéla gold mine, which consists of approximately 62,000 hectares and is located in the Worodougou Region of the Woroba District, Côte d'Ivoire. The company was formerly known as Fortuna Silver Mines Inc and changed its name to Fortuna Mining Corp.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Fortuna Mining</li><li>BNZI Posts Record Q3 Revenue – See What’s Driving It.</li><li>Washington prepares for war</li><li>Nvidia x 1,000,000</li><li>$100 Trillion “AI Metal” Found in American Ghost Town</li><li>A month before the crash</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fortuna Mining Right Now?</h2><p>Before you consider Fortuna Mining, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fortuna Mining wasn't on the list.</p><p>While Fortuna Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Fortuna Mining (NYSE:FSM) reached a new 52-week high, trading at $10.38. Analysts upgraded the stock, with Scotiabank raising its target price to $11.00. The stock has a consensus rating of "Hold" and a price target of $9.50. Institutional investors have adjusted their stakes, and the company reported Q3 earnings below expectations. Fortuna Mining operates in several countries, focusing on silver, lead, zinc, and gold mining.</p>

Fortuna Mining (NYSE:FSM) Sets New 1-Year High - Still a Buy?